05-09-2017 03:14 via rocketnews.com

UPDATE 2-United Tech to buy Rockwell Collins for $30 bln, combine aerospace operations

Sept 4 (Reuters) – Aerospace supplier United TechnologiesCorp has struck a $30 billion agreement to buy avionicsand interiors maker Rockwell Collins Inc, the companiessaid on Monday, in a deal that bulks up UTC’s power with planemakers by creating one of the world’s largest makers of civilianand defense aircraft components.
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